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NAND contract prices surge over 600% since September 2025, DRAM up ~400%

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TL;DR: The ongoing AI-driven memory squeeze is showing no signs of leveling. Translation: manufacturers are going to have to contend with component headaches for a while longer and consumers shouldn't expect any relief at checkout anytime soon.

You've no doubt heard the short version of this story time and again: AI startups are gobbling up all of the memory that manufacturers can produce, leaving traditional electronics firms to fight for the remaining scraps. In all situations, that means heavily inflated prices and for some near the bottom of the stack, a glaring lack of inventory.

Michael Brown, a senior research strategist at Pepperstone Group Ltd., said it is becoming increasingly obvious that the crunch is not only worse than feared but is becoming more prolonged, too. Brown added that some sources close to...

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